End: Tesla CEO Musk says he is ‘almost done’ with stock sales; shares rally (TSLA +7.49%)
Open: American Airlines launches rights issue plan to protect $16.5B tax benefit (AAL +0.77%)
Cleared: FDA authorizes Pfizer’s Covid treatment pill, the first oral antiviral drug during the pandemic (PFE +1.02%)
Later Today 🕒
Sanderson Farms Inc. Earnings (SAFM)
7:00 PM IST: Initial Jobless Claims
7:00 PM IST: Core Inflation
8:30 PM IST: New Home Sales
Today’s Market Terminology: Market Breadth
Market breadth is a ratio used to compare the total number of stocks that are rising against the total number of stocks falling. The purpose of this is to determine the overall direction in which the market is moving
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